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Single-Story Office Complex For Sale
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3115-3135 Wilke Rd, Arlington Heights, IL 60004

Three-building office complex on Route 53 in Arlington Heights, IL.

Property Size41,161 SF
Price / SF$49.56
Days on Market2243

Property Features for 3115-3135 Wilke Rd

General Information

Standard status Active
Size 41,161 SF
Class B
Property subtype Office
Occupancy 100%
Lease Type Modified Gross
Investment Type Owner/User
Net Operating Income $222,053

Building Details

Year Built 1980
Year Renovated 2015
Buildings 3
Stories 1
Units 14
Tenancy Multi
Listing Agency: Chicagoland Commercial Real Estate
Listed By: Randy Olczyk · License #IL 471018001
Source: Crexi
Added: Aug 19, 2020 Changed: Sep 26 Last Checked: Oct 7 at 12:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicagoland Commercial Real Estate

Investment Insights

Based on property information with market context.

This property features a three-building, single-story office complex located on the east side of Route 53, between Dundee and Rand Roads. It benefits from a full interchange at Dundee Road. The property is professionally managed and operated, with landscaping that is well-manicured and maintained to a high level. The property has a size of 41161 square feet.

Key Highlights

  • Single‑story office complex.
  • Fronting on the East Side of Route 53.
  • Located between Dundee and Rand Roads.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Pharmacy Law Firm Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

990
Businesses Nearby

Demographics for 60004, IL

52,546
Population
21,181
Households
2.5
Avg Household Size
42
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
4,734
Density / Sq Mi
$124,962
Median Household Income
$66,476
Median Earnings
$1,703
Median Rent
$415,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-building office complex on Route 53 in Arlington Heights, IL.
Where is this office building located?
The property is located at 3115-3135 Wilke Rd Arlington Heights, IL.
What is the asking price?
The asking price for this property is $2,040,000.
What are key features of this property?
This property features: Single‑story office complex.; Fronting on the East Side of Route 53.; Located between Dundee and Rand Roads.
(847) 338-2022 Call to check price and availability
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